In 2020, when open supply database Supabase was based, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it might be sitting within the candy spot for 2025’s greatest development: vibe coding.
But on Tuesday, the fruits of that grew to become evident when it introduced a $200 million Series D at a $2 billion post-money valuation led by Accel, with Coatue, Y Combinator, Craft Ventures, and longtime investor Felicis taking part within the spherical, Fortune reported.
This recent $200 million comes simply seven months after Supabase introduced it raised $80 million led by Peak XV (a Sequoia spinoff) and David Sacks’ Craft Ventures. Supabase wouldn’t touch upon the valuation at the moment, however PitchBook put it at about $900 million. All informed, the startup has now raised about $398 million.
Supabase is one other instance of how commercially profitable open supply tasks will be.
It affords an open supply model of Firebase, Google’s database AI app improvement platform, and hosts the apps for as much as $600 a month, or extra for enterprise customers.
Supabase combines the open supply SQL database Postgres with different enterprise-grade open supply instruments for options like authentication, auto-generated APIs, file storage, and a vector toolkit (obligatory for a lot of AI apps).
Essentially, it’s like vibe database administration, easing the pesky elements of getting a SQL database arrange as a part of app improvement. Consequently, it has turn into a well-liked again finish for the vibe coding instruments like fast-growing Lovable.
As a Y Combinator alum, Supabase has turn into a go-to instrument for YC startups, Copplestone beforehand informed TechCrunch. But it’s actually coming into its personal with impartial and enterprise builders.
The firm has had “insane progress” particularly within the final two years, Felicis managing companion Aydin Senkut tells TechCrunch. “Its greatest asset is the group of builders, which rocketed previous 1 million and rising by 1000’s on daily basis.”
Indeed, Supabase now claims over 1.7 million builders and the venture has over 81 thousand stars on GitHub, too.
“It’s turning into the default again finish for AI apps and myriad different classes of apps,” Senkut says.
Because it’s primarily based on Postgres, Supabase has avenue cred with builders that have to help 1000’s to thousands and thousands of customers. Postgres has long-been an open supply database for enterprise builders once they don’t want the superpowers — and excessive price ticket — of an Oracle or Microsoft database.
Supabase goes as far as to have a advertising and marketing tagline of “construct in a weekend: scale to thousands and thousands”
While nothing will actually threaten Oracle’s present standing — it’s as deeply embedded within the tech of present Fortune 1000 corporations as attainable — the rise of Supabase is fascinating to observe.
The subsequent crop of billion-user apps will likely be AI-developed, AI-powered, AI-managed.
And Supabase is already one of many go-to databases for that.
